If the Stadtsparkasse Düsseldorf has its way, then you can actually have too much money. In 26 cases, resolute action has now been taken and dismissals have been pronounced. The money was transferred to the Bundesbank. What’s behind it?
Sparkasse: Money from customers goes to the Bundesbank
The Stadtsparkasse Düsseldorf has been forced to terminate the business relationship with 26 customers. The accounts were thereupon not just lockedbut the money too transferred to the Bundesbank. Nevertheless, one strives for “a solution” with the affected ex-customers. The background is the subject of negative interest rates. Some customers of the Sparkasse simply did not want to accept this.
The Stadtsparkasse Düsseldorf had made several attempts to deal with the affected customers either Negativezinsen or on one alternative investment to agree. After no response was received and no reaction to reminders, the Sparkasse blocked the accounts and transferred the money on them to the Bundesbank.
The Sparkasse sees itself completely in the right. One now hopes that one can with the customers a solution will find. “Our hand remains outstretched to the end,” said Michael Meyer, board member for private customers.
At the Düsseldorfer Stadtsparkasse, negative interest is charged if it is on the current account or call money account more than 250,000 euros are located. In this case, a negative interest of 0.5 percent will be charged for the part of the deposits that exceeds 250,000 euros.
Mobile payment: these are the advantages and disadvantages.
Resolute Sparkasse: A role model for other banks?
Not only the savings banks, but also other financial institutions are considering this Introduction of negative interest or have already been able to enforce them. The action of the Stadtsparkasse Düsseldorf now opens up a new threat potentialif solvent customers do not want to accept a custody fee.
On the other hand, the pressure on customers could well ensure that they are after other investment opportunities look around as the classic giro and overnight money account – or go straight to another bank.
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